$Rocket Lab USA, Inc.(RKLB)$ There was a pre-market move of over 500,000 shares, which pushed the price up as much as 2.5%. Honestly, it makes me want to pour a fresh cup of coffee and see what happens next.
$Rocket Lab USA, Inc.(RKLB)$ Today's news from Iridium $Iridium(IRDM)$ is highly confirmational that Rocket Lab's Neutron is on track with a lot of confidence. "Iridium Satellites: Each operational Iridium NEXT satellite weighs approximately 680 kilograms (1,500 lbs). Electron Rocket: The small-lift vehicle has a maximum payload capacity of only 225 to 300 kilograms (500 to 660 lbs) to Low Earth Orbit (LEO). An Iridium satellite is more than double Electron's maximum weight limit." Guess what's going to lift these satellites to orbit?
$Rocket Lab USA, Inc.(RKLB)$ They've just added over $800 million in annual revenue and nearly $100 million in net profit per year, not to mention an entire satellite constellation.
$Rocket Lab USA, Inc.(RKLB)$ Can this get back above 100 soon? I'm wondering if some heavy institutional players are shorting it and might start covering before long.
$Rocket Lab USA, Inc.(RKLB)$ Seeing a lot of bottom signals across my lower indicators. Bollinger bands are pinching, with CCI, Williams %, Chaikin's, and MACD all showing double-bottom histograms. Looking at the yearly chart, these histograms could turn up again next week, maybe Tuesday since Mondays are often slow. Summer tends to be depressing for markets, but it feels like market makers are grabbing the scared money. Also, there's a 90th launch party tomorrow.
$Rocket Lab USA, Inc.(RKLB)$ Rocket Lab is a solid, well-targeted, no-nonsense company, run by a dedicated and hard-working genius. Anything can happen in the stock market or in life, but RKLB has an excellent pedigree with an optimistic future.
$Rocket Lab USA, Inc.(RKLB)$ Rocket Lab just secured more NASA work, which quietly strengthens their credibility in the small launch sector. From a trading perspective, this is more about recurring validation than a one-off news event. NASA awarded 3 Electron launch missions. Includes the PolSIR and TSIS-2 science missions. Launch window is 2027, from New Zealand. They cited over 90 launches as proof of reliability. In space, trust compounds. Every NASA contract makes the next one easier to secure.